Tom Shields Realty Inc.

Property Management & Real Estate

Commercial For Sale - Multi Family - $1,599,999

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10204 106 Avenue
Grande Prairie, Alberta

MLS® Number: A2293861
List Price: $1,599,999
Days on Market: 1 days
Type: Multi Family
Size: 9,649 sq ft
Subdivision: Avondale
Listing Office: KPLI Real Estate Corporation

A well-established and lovingly maintained residential property sitting in one of Grande Prairie's most sought-after rental corridors. This 3-level multifamily building has been carefully managed throughout its ownership; typically running at full occupancy, a testament to its quality, location, and the strength of Grande Prairie's rental market. Solid construction provides exceptional durability and quiet, comfortable living. Every above-grade unit features a private balcony. The building includes 12 dedicated parking stalls (one per unit), spacious floor plans, and a common coin-op laundry room. Recent capital improvements include roof replacement in 2014, boiler system replacement in 2012. Regular boiler maintenance and roof was repaired recently. Selling at 6.4% cap with room to increase revenue to market rates. CMHC mortgage to be assumed, 5 units are rent controlled.

Details

County / Parish: Grande Prairie
Days on Market: 1
Legal Plan: 1061AE
Year Built: 1969
Restrictions: None Known
Zoning: RM

Tom Shields Realty Inc.

Property Management & Real Estate

Commercial For Sale - Multi Family - $1,599,999

Contact a Realtor

10204 106 Avenue
Grande Prairie, Alberta

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Contact a Realtor

10204 106 Avenue Grande Prairie, Alberta

10204 106 Avenue
Grande Prairie, Alberta